Prior Lake Finance Department in Prior Lake Minnesota

Address and phone number for Prior Lake Finance Department, a Finance Department, at Dakota Street Southeast, Prior Lake MN.


Name
Prior Lake Finance Department
Address
4646 Dakota Street Southeast, Prior Lake, Minnesota, 55372
Phone
952-447-9840
Hours
Mon-Fri 8:00 AM-4:30 PM

About the Prior Lake Finance Department

The Prior Lake Finance Department, located in Prior Lake, MN, is responsible for financial administration in Prior Lake. The Finance Department oversees accounting, cash management, debt management, and investment management, including preparing financial statements and enforcing financial controls. Government financial records created by the Finance Department are available to the public.

You may contact the Department of Finance for questions about:
  • Scott County government financial records
  • Prior Lake financial management
  • Municipal bonds and investments
  • Unclaimed property in Prior Lake, MN
  • Government budget reports
Prior Lake Government Financial Records

The Finance Department records all government financial transactions, including accounts payable, payroll, accounts receivable, and employee benefits transactions. The Prior Lake Department of Finance also reconciles bank statements to the general ledger to ensure Prior Lake government financial records are accurate. In addition to financial management services, the Finance Department creates annual financial statements detailing Prior Lake government financial activities, which are available to the public. These financial statements undergo audits from an outside agency to verify their accuracy and representation of the Prior Lake government's financial situation.

Unclaimed Property in Prior Lake, MN

The Prior Lake Finance Department provides information on unclaimed property located in Prior Lake, MN. These records allow rightful owners to claim their property. The Finance Department also provides resources to identify unclaimed funds, including for heirs or beneficiaries. Contact the Finance Department for information about Scott County databases to search for unclaimed funds or property, as well as information on recovering found cash and property.

Financial Reporting & Controls

In Prior Lake, the Finance Department develops and implements internal controls designed to promote transparency in financial management. These controls also prevent fraud, misuse, and misappropriation of funds. The Finance Department enforces rules for approving payments, handling cash, and processing payments. During the annual audit review, an external agency reviews Prior Lake government compliance with these internal controls.

Scott County Government Investments

The Finance Department manages the Prior Lake government's investments and cash on hand. This includes balancing the need for cash on hand to cover current activities and obligations with the opportunity to maximize investment returns. The Finance Department adopts policies on cash management and investment, and it also provides information on Scott County government investments.

Government Bonds & Debt Offerings

The Prior Lake Finance Department manages government bonds and debt offerings, including issuing bonds to pay for infrastructure improvements and public projects. The Department of Finance must size the bond offering and create an Official Statement, which provide rating agencies with information to assign the bonds a credit rating. Contact the Prior Lake Finance Department for more information on Prior Lake government bonds and debt offerings.

Contact the Prior Lake Finance Department

You may contact the Prior Lake Finance Department by calling 952-447-9840, or by addressing inquiries to the office mailing address: Prior Lake Finance Department, 4646 Dakota Street Southeast, Prior Lake, Minnesota, 55372.


Map of Prior Lake Finance Department in Prior Lake Minnesota


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